News release arval opens a new subsidiary in norway a country at the forefront of carbon-neutral mobility

Paris, 21 September 2017


NEWS RELEASE


ARVAL OPENS A NEW SUBSIDIARY IN NORWAY

A COUNTRY AT THE FOREFRONT OF CARBON-NEUTRAL MOBILITY


Arval, a leading multi-brand provider of full service vehicle leasing solutions, launches its Norwegian subsidiary in the Oslo area. As of November 2017, Arval’s innovative products and services will be available on the Norwegian market at the high-quality standards already applied to more than one million vehicles leased all around the world. Arval Norway will be the company’s spearhead for carbon-neutral mobility, and the final step towards its full presence in the Nordics. Both local and international clients will have access to Arval’s company vehicle experience all over the Region.

2,000 vehicles managed in Norway by 2020
Arval’s ambitions for its new Norwegian subsidiary are high: to provide its clients with Long Term Rental (LTR) all over the Nordics, with the very same range of innovative products and services. Arval thus aims at managing more than 2,000 vehicles in Norway by 2020.
Arval Norway’s market approach will be equivalent to all other subsidiaries: its Account Teams, dedicated teams of experts serving Arval clients’ as their own “mini Long Term Rental companies”, capable of handling any mobility-related activity (guiding employees with their vehicle choice, car delivery, service, maintenance, tyres), in a caring and personalized relationship.
Norway at the forefront of carbon-neutral mobility
Norway will be Arval’s spearhead for carbon-neutral fleet car mixes and related services.
“Arval is to strengthen its presence throughout the Nordics both for immediate client needs and coming developments of carbon-neutral solutions and services”, states Philippe Bismut, CEO of Arval. “In this respect, Arval Norway will be a key asset”.
Notably, Arval will rent and manage corporate fleets increasingly relying on hybrid and electric vehicles (EV), as Norway is already a major EV market and plans to ban petrol-powered cars in 2025. Thus, Arval will gather massive technical data (consumption, maintenance, etc.) and user feedback to enhance its own ability to respond to emerging needs of carbon-neutral fleets all over the world.
“Reducing one fleet’s environmental footprint has reached an unprecedented level of importance”, concludes Philippe Bismut. “We will build on Norway’s pioneering business environment to keep innovating and address our clients’ will to go greener in the future”.
Starting as early as November 2017
That’s when all of Arval’s fleet-oriented services will be available to businesses in Norway:

• 
  Arval Active Link: Arval telematics based solution, thanks to user-friendly car data collection and use, both lowers fleet costs and improves collaborators’ mobility and security. Norwegian companies will use their vehicles at their very best and have data to help their drivers improve their driving behaviour.
  

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  Arval Outsourcing Solutions: Norwegian companies may be freed from fleet management, which is a non-core and time-consuming activity to so many. Arval’s dedicated team will be present in Norway to allow local companies to focus on their core activities and achieve economies of scale.
  

• 
  Under Norwegian companies’ audited mobility needs, innovative new mobility solutions such as car-sharing will be available to them. These are new ways of reducing one’s fleet costs and limiting environmental footprint.
  

Contacts
Arval

Sandrine Ferré – [e-mail] - [phone]

Christelle Paillès – [e-mail] - [phone]
About Arval

Founded in 1989 and fully owned by BNP Paribas, Arval specialises in full service vehicle leasing. Arval offers its customers – large international corporates, SMEs and professionals – tailored solutions that optimise their employees’ mobility and outsource the risks associated with fleet management. Expert advice and service quality, which are the foundations of Arval’s customer promise, are delivered in 28 countries by over 6,400 employees. Arval’s total leased fleet adds up to 1,028,142 vehicles throughout the world (December 2016). Arval is a founding member of the Element-Arval Global Alliance, the longest standing strategic alliance in the fleet management industry and the worldwide leader with 3 million vehicles in 50 countries. Within BNP Paribas, Arval belongs to the Retail Banking core activity.

www.arval.com
About BNP Paribas

BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 74 countries, with more than 192,000 employees, including more than 146,000 in Europe. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the European leader in consumer lending. BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.

www.bnpparibas.com

*Nous prenons soin des voitures comme de vous.